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PYPL

Analysis of PayPal Holdings's (NASDAQ:PYPL) options market dynamics reveals a bearish sentiment among financial giants, with 60% of traders showing bearish tendencies. The analysis covered 40 unusual trades, including 6 puts and 34 calls, targeting a price range of $40.0 to $145.0 for PYPL over the last 3 months. The largest trades observed were mostly calls, with sentiments ranging from bullish to bearish. PayPal, known for its electronic payment solutions and owning Venmo, had 426 million active accounts by the end of 2023. Currently, PYPL's stock is slightly down at $58.65, with indicators suggesting it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 8:46 pm

CNQ

Over the past 5 years, Canadian Natural Resources (NYSE:CNQ) has outperformed the market with an annualized return of 17.0%, growing a $1000 investment to $2,290.81. The company's market capitalization stands at $66.14 billion.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 8:30 pm

NUE

Over the past decade, Nucor (NYSE:NUE) has delivered an average annual return of 13.78%, outperforming the market by 3.26% annually. A $100 investment in NUE 10 years ago would now be worth $363.55, showcasing the impact of compounded returns on investment growth. Nucor's current market capitalization stands at $45.25 billion.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 8:30 pm

FCX

Deep-pocketed investors have shown a bullish sentiment towards Freeport-McMoRan (FCX), with a significant surge in options activity reported by Benzinga. The activity includes both calls and puts with a focus on a price band between $33.0 and $45.0. The current trading volume and open interest for FCX options have been highlighted, alongside notable options activities. FCX's current market standing shows a slight increase in stock price, with an RSI indicating a neutral position. An analyst from RBC Capital has adjusted the rating to Sector Perform with a price target of $55.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 8:01 pm

F

Financial analysts have observed a bullish trend in Ford Motor (NYSE:F) options trading, with a majority of trades leaning towards optimism. Analysis of 20 unusual trades revealed a 55% bullish sentiment. The trading activity suggests a target price range of $9.35 to $17.0 for Ford Motor. The most significant options trades include both puts and calls, with varying sentiments and strike prices. Ford Motor's current market performance shows a 2.84% increase in stock price to $13.04. Analyst ratings on Ford Motor vary, with an average target price of $13.0, and recommendations ranging from Sell to Buy.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 8:01 pm

AVGO

Broadcom (NASDAQ:AVGO) received diverse analyst ratings over the past quarter, with a shift towards more bullish sentiments in the last 30 days. The average 12-month price target for AVGO is $1158.33, marking a 17.9% increase from the previous target of $982.50. Analysts from firms like Cantor Fitzgerald, Goldman Sachs, and Citigroup have maintained or raised their ratings, reflecting optimism about Broadcom's performance. Broadcom, a major player in the semiconductor and software industries, shows strong financial indicators such as a high net margin and ROE, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 8:00 pm

PSA

Over the past 20 years, Public Storage (NYSE:PSA) has delivered an average annual return of 9.22%, turning a $1000 investment into $5,817.27 today. With a current market capitalization of $49.95 billion, PSA has outperformed the market by 1.6% on an annualized basis.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 8:00 pm

HUBB

Over the past 5 years, Hubbell (NYSE:HUBB) has outperformed the market with an annualized return of 24.95%, growing a $1000 investment to $3,117.70. The company's market capitalization stands at $19.47 billion.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 8:00 pm

GOLD

NEM

Barrick Gold (NYSE:GOLD) announced an increase in proven and probable gold reserves to 77 million ounces by the end of 2023, up from 76 million the previous year. The company, holding a 61.5% stake in Nevada Gold Mines (NGM) through a joint venture with Newmont (NYSE:NEM), highlighted significant contributions from its North American operations, particularly in Northern Nevada, which is described as 'far from being a mature gold district.' Key sites like Carlin, Cortez, and the Turquoise Ridge complex are expected to support production growth for over a decade. Additionally, NGM has initiated a transition to renewable energy with the commissioning of a solar project.

Portfolio Pulse from Stjepan Kalinic

February 12, 2024 | 7:53 pm

BJ

BJ's Wholesale Club (NYSE:BJ) has seen a 6.85% increase in short percent of float since its last report, with 8.62 million shares sold short, representing 8.11% of available shares. This indicates a bearish market sentiment towards BJ, although it doesn't necessarily predict a near-term price fall. BJ's short interest is significantly higher than its peer group average of 3.12%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 7:45 pm